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Proposed Rule- Updates to the Off-Farm Labor Housing Loans and Grants Rates and Terms
Multifamily Housing |
September 18, 2023The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on Tuesday, September 12, 2023 (Federal Register /Vol. 88, No. 175) to amend the current regulation for the MFH Off-Farm Labor Housing (Off-FLH) Program. This proposed rule will add clarifying language to 7 CFR 3560.566, Off-Farm Labor Housing, Loan and Grant Rates and Terms. The proposed rule will update 7 CFR 3560.566, Loan and grant rates and terms, by clarifying the Off-FLH grant agreement term and adopting the period of performance in the grant agreement, as required by the Federal award information requirements outlined in 2 CFR 200.211. As required by 2 CFR 200.211, the Agency must include the period of performance of the Federal award that has been given in the grant agreement. Therefore, the changes in this proposed rulemaking will further clarify the term of the grant agreement in 7 CFR 3560.566(c) and include a 5-year fixed period of performance in 7CFR 3560.566(d). Comments on the Proposed Rule may be submitted to the Agency via the Federal eRulemaking Portal as outlined in the Federal Register Proposed Rule. The comment period for the proposed rule will end on November 13, 2023. If implemented, the regulation will read as follows:
Questions or requests for clarification may be directed to the MFH Program Support Branch at MFH.ProgramSupport@usda.gov. To submit or view public comments, please visit the Federal eRulemaking Portal at http://www.regulations.gov. To subscribe to USDA Rural Development updates, visit the GovDelivery subscriber page. For program information...
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